Twitter STILL Doesn’t Know Who Hacked Them, Experts Still Tracking Them Down

( Twitter is one of the biggest social media platforms in the world, so you’d think they’d know a thing or two about security. You’d think that if somebody, for instance, hacked them and compromised hundreds of the biggest accounts on their platform, that they’d be able to track down the people who did it.

But they can’t.

After high-profile Twitter accounts were hijacked and used to promote a Bitcoin scam, which some estimate has taken in more than $100,000 from people who fell for it, the social media giant still doesn’t have any idea who hacked them. They know roughly how they did it, but they still don’t completely know who.

Security experts from outside of Twitter have stepped in to offer their advanced, and in an article published by Brian Krebs, a notable cybersecurity expert and commentator, some suggestions are made about who might be behind it. Krebs explains his thinking behind the attack and what he thinks happened.

He notes that the Bitcoin wallet that was promoted on the compromised accounts has processed some 383 transactions over the last 24 hours, at the time the article was published. He suggested that the wallet had taken in almost 13 bitcoin from people who were told they would receive double the amount back, which is well over $100,000 in today’s value. He suggests that it could have been perpetrated by people who specialize in hacks that involve “SIM swapping.” This is the practice of coercing or hacking employees at these big companies and using those compromised accounts to access other data.

He does more than Twitter appears to have done in trying to track down people who are involved in activity like this, pointing readers to a post made on a forum dedicated to hijacking accounts. He referenced a post made by a user called “Chaewon” advertises a service that can change the email address tied to a Twitter account. He offers this services for $250, but also offers full access to accounts for up to $3,000.

You can check out the article for yourself and see what this guy thinks, but the most shocking part of all of this is that bloggers and online hacking enthusiasts are the ones solving this riddle while Twitter remains oblivious!